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Which is the relationship between the local average treatment effect (LATE) and the treatment on the treated (TOT)? Can you identify the conditions for these two measures to coincide?
Labor market ex for monopsonist. Labor Demand is Qd= 220-5w. Labor supply is Qs=-45+8w. Union has no market power, and so league acts as a monoposonsit facing marginal expenditure curve. ME=Q/4+5.624 (This is the derivative of (labor supply curve sol..
- What are your opinions about the role of finance and economics vis-à-vis politics?
Define actual and potential, expenditures, taxation, aggregation supply, aggregation demand, AS curve, AD curve. Equilibrium of AS and AD sources of long-run economic growth
After all, you think, you paid for the meal, so you are going to eat all of it. What's wrong with this thinking?
Consider a three-period model of household choice. The real interest rate is 4 percent. A household wants to have $10,000 available for consumption during last period of life (retirement). Using the household’s wealth constraint, how much does it hav..
fundamental economic concepts please respond to the followinganswer the following discussions based on the katrinas
Consumers borrow money for many different reasons, including the purchase of a home, car, and appliances, to remodel, or to help pay for college. Approximately 75% of U.S. households carry some debt. What is the median amount of household debt? Provi..
Shirley thinks that two 8-ounce cans of soda are exactly as good as one 16-ounce can of soda. Suppose that these are the only sizes of soda available to her and that she has $30 to spend on soda. Write down Shirley's demand functions for general pric..
What swap would you suggest to the two firms if you were an unbiased advisor?
Explain with the help of a clearly well labelled diagram why park fees create distortions or deadweight loss in this case?
Suppose that there is a credit market imperfection due to asymmetric information. In the economy, a fraction b of consumers consists of lenders, who each receive an endowment of y units of the consumption good in the current period, and 0 units in th..
After which it will grow at four percent in perpetuity. The appropriate discount rate is 12 percent. What is the price of the stock?
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